U.S. Extends License Protecting Venezuela-Owned Citgo From Creditors

The United States has extended a Treasury license that shields Venezuela-owned refiner CITGO Petroleum Corp from creditor actions through March 20, a move that preserves the company’s legal status while…

Qatar’s Al-Kaabi Warns AI Power Demand Could Spark LNG Shortage by 2030

Qatari Energy Minister Saad al-Kaabi on Monday warned that rising power demand from artificial intelligence could wipe out the global LNG surplus and push markets into deficit by around 2030,…

Major LNG Players Skip Qatar Conference

Some of the liquefied natural gas industry’s biggest companies are skipping a key conference in Qatar due to fears that simmering US-Iran tensions could still erupt into a regional conflict.…

US Natural Gas Plunges by Most in About 30 Years on Warm Weather

By , , and US natural gas futures plummeted on Monday as weather forecasts for mid-February shifted significantly warmer, marking the largest daily loss for the front-month contract on a…

Oil Field Vendor Nine Files Bankruptcy to Cut $320 Million Debt

By Nine Energy Service Inc., a Houston-based oil field vendor, filed for Chapter 11 bankruptcy on Sunday as it struggled with high leverage and a shrinking business amid a slowdown…

The $3 Trillion AI Data Center Build-Out Becomes All-Consuming For Debt Markets

Artificial intelligence already has a big footprint in stocks. Now lending for data centers is becoming a factor in bonds and credit. By More than $3 trillion. That’s the ­staggering…

Trump Cuts India Tariffs in Deal He Links to Russian Oil

By and President Donald Trump said he will slash tariffs on India to 18% after Prime Minister Narendra Modi agreed to stop buying Russian oil, easing tensions between the two…